[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion]Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
In April 2026, the ruling party newspaper of Tanzania highly praised the historical significance of the China Africa Tanzania Zambia railway cooperation, stating that the $1.4 billion activation project would revitalize the vitality of the East African trade corridor.Editor/Gao Xue
Recently, Tajikistan and Uzbekistan have launched 12 cooperation projects simultaneously, with a total investment of over 1.6 billion US dollars, covering fields such as home appliances, textiles, food, and pharmaceuticals.Editor/Gao Xue